Property Type | Bar |
Tenure | Lease Assignment |
Size | 1,290 sq ft |
Rent | £60,000.00 per annum |
Business Rates | Upon Enquiry |
Energy Performance Rating | Upon enquiry |
The premises are currently fitted out to a high standard as a bar/restaurant over ground and basement, There is a fully fitted kitchen in situ with full extraction on the 1st floor, as well as a 2 bedroom flat that can be rented out to staff.
The accommodation comprises the following areas:
Name | sq ft | sq m |
---|---|---|
Ground | 645 | 59.92 |
Basement | 645 | 59.92 |
Total | 1,290 | 119.84 |
The property is located in Finsbury Park, close to many independent and national operators such as Tesco Express, Rowans Tenpin Bowl, Arsenal football ground and Pure Gym to name but a few, with good footfall day and night. Transport links are excellent with the Finsbury Park stations being opposite.
An assignment of the existing lease expiring in October 2030, granted inside the security of tenure provision of the Landlord & Tenant act 1954, Part 2 as amended.
Passing Rent £60,000.
Premium reduced
VAT may be applicable to the rent and other considerations.
The premises benefit from Sui Generis Planning. The premises licence permits alcohol without food, premises licence allowing the sale of alcohol with the Monday – Sunday until 4 am. Beer is tied.
This letting is highly confidential and under no circumstances should a direct approach be made to staff as they are unaware of an impending sale.
A holding deposit will be required to secure the property, the deposit will buy a period of exclusivity and will be held in the CDG Leisure client account.